Coliseum Acquisition Corp. Class A Ordinary Share
Coliseum Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Las Vegas, Nevada.
Coliseum Acquisition Corp. Class A Ordinary Share (MITA) - Net Assets
Latest net assets as of September 2024: $14.85 Million USD
Based on the latest financial reports, Coliseum Acquisition Corp. Class A Ordinary Share (MITA) has net assets worth $14.85 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.10 Million) and total liabilities ($5.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.85 Million |
| % of Total Assets | 73.88% |
| Annual Growth Rate | -54.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.05 |
Coliseum Acquisition Corp. Class A Ordinary Share - Net Assets Trend (2021–2023)
This chart illustrates how Coliseum Acquisition Corp. Class A Ordinary Share's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Coliseum Acquisition Corp. Class A Ordinary Share (2021–2023)
The table below shows the annual net assets of Coliseum Acquisition Corp. Class A Ordinary Share from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $28.40 Million | -80.64% |
| 2022-12-31 | $146.67 Million | +5.46% |
| 2021-12-31 | $139.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coliseum Acquisition Corp. Class A Ordinary Share's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 838619200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.97 Million | 109.06% |
| Total Equity | $28.40 Million | 100.00% |
Coliseum Acquisition Corp. Class A Ordinary Share Competitors by Market Cap
The table below lists competitors of Coliseum Acquisition Corp. Class A Ordinary Share ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avicanna Inc
OTCQX:AVCNF
|
$16.21 Million |
|
Monami
KO:005360
|
$16.22 Million |
|
Llorente & Cuenca S.A.
MC:LLYC
|
$16.22 Million |
|
HCL Infosystems Limited
NSE:HCL-INSYS
|
$16.23 Million |
|
Wanted Lab Inc.
KQ:376980
|
$16.21 Million |
|
Bitmine Immersion Technologies Inc
PINK:BMNR
|
$16.21 Million |
|
GUILD ESPORTS PLC LS-001
F:GU0
|
$16.20 Million |
|
Compania Introductora de Buenos Aires SA
BA:INTR
|
$16.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coliseum Acquisition Corp. Class A Ordinary Share's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 146,670,889 to 28,399,857, a change of -118,271,032 (-80.6%).
- Net income of 3,100,000 contributed positively to equity growth.
- Share repurchases of 126,828,896 reduced equity.
- Other factors increased equity by 5,457,864.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.10 Million | +10.92% |
| Share Repurchases | $126.83 Million | -446.58% |
| Other Changes | $5.46 Million | +19.22% |
| Total Change | $- | -80.64% |
Book Value vs Market Value Analysis
This analysis compares Coliseum Acquisition Corp. Class A Ordinary Share's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.55x to 5.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.42 | $11.51 | x |
| 2022-12-31 | $7.82 | $11.51 | x |
| 2023-12-31 | $2.08 | $11.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coliseum Acquisition Corp. Class A Ordinary Share utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (10.92%) is above the historical average (8.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.15% | 0.00% | 0.00x | 1.09x | $-9.52 Million |
| 2022 | 11.21% | 0.00% | 0.00x | 1.04x | $1.78 Million |
| 2023 | 10.92% | 0.00% | 0.00x | 1.09x | $260.01K |
Industry Comparison
This section compares Coliseum Acquisition Corp. Class A Ordinary Share's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coliseum Acquisition Corp. Class A Ordinary Share (MITA) | $14.85 Million | 3.15% | 0.35x | $16.21 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |